Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

SOYBEAN OIL TAS Dec 2022 (CBOT:ZLT.Z22)

Strong Downtrend (-100) - ZLT.Z22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZLT.Z22 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZLT.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZLT.Z22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CBOT_ZLT.Z22
Open High Low ZLT.Z22 Price Change
0.01 0.01 0.00 -0.04 -0.01
Entry Signal

MarketClub’s Trade Triangles for ZLT.Z22

long term down The long-term trend has been DOWN since Apr 12th, 2022 at -0.01

intermediate term down The intermediate-term trend has been DOWN since Aug 15th, 2022 at -0.01

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 0.01

Smart Scan Analysis for ZLT.Z22

Based on our trend formula, ZLT.Z22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZLT.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01 0.01 0.00 -0.04 -0.01
Prev. Close Volume Bid Ask Time
-0.03 449 2022-08-16 14:14:38
Expiration2022-11-29Open Time09:30
Close Time14:15
Get a free daily analysis and signals for SOYBEAN OIL TAS Dec 2022 (ZLT.Z22) - Request Your Free Report.